Whats up with PanterraThis from page 15 of a report on Paterra's website
https://www.panterraresource.com/pdf/Pan%20PPT%20Tech%20CURRENT,%202008.pdf
The Antrim Shale in Michigan has several similarities to PanTerra’s shale block and is used as an example of what might be expected in the region.
Aurora Oil and Gas (AOG on the Amex) focuses on the Michigan Shale. Doesn't look like their wells are nearly as prolific as Texas, British Columbia or the first couple of wells drilled in Quebec. Stock has been a dud this year.
Panterra has drilled quite a few exploratory wells and hasn't had good flow rates of NG. Whats up